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I am rich and have no idea what to do

vinay.sh

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Re: I am rich and have no idea what to do

#451

Post by ska »

codetrotter wrote: post #346
j4coh wrote: post #3

Same situation, I truly empathise because it really does seem to take a lot of purpose out of everything. What I’ve found is that you need to replace money/salary/financial success optimisation (assuming you spent a lot of your life and energy to this point focused on these, much like I did) with something else totally unconnected with being measured in that way. For me, I am focused on proving myself as a guitarist…

> I’m doing part time consulting, mainly for people I worked with in the past who have started companies, just to scratch the tech itch How do you pick you hourly rate? If a friend of yours of the past came to you and asked you to consult for him, and your friend offered you say $80 USD per hour, would you find it offensively low? For someone who doesn’t have a lot and wants to hire consultants for their small projec…

FWIW I’ve done similar for friends who are on a tight budget , consulting for 1/2, 1/3 1/5 “regular” rate. Sometimes with equity but not always.

I’m nowhere near rich, but when I was consulting full time of I had enough hours to hit my “ok” target for the year, it felt right to be flexible with some of the rest of my time …

Re: I am rich and have no idea what to do

#452

Post by movedx »

AI_beffr wrote: post #431
movedx wrote: post #322

Just a thought I’d like to share: the finish line to “Fuck you money” (FUM) isn’t even remotely close to the $60m mark. It’s not even beyond $100,000. Once you have no debts nor a mortgage, and you have $100k in savings, you have FUM, because suddenly you need $25k a year to live well. I say this as a member of this community, who are (generally speaking) relatively well paid folk in IT. If you have a partner in life…

i think that would be more accurately labeled as financial independence rather than FU money. im not sure FU money really exists

FUM is simply the ability to talk away from an employer and seek another one in your own sweet time.

Re: I am rich and have no idea what to do

#453

Post by homefree »

j4coh wrote: post #3

Same situation, I truly empathise because it really does seem to take a lot of purpose out of everything. What I’ve found is that you need to replace money/salary/financial success optimisation (assuming you spent a lot of your life and energy to this point focused on these, much like I did) with something else totally unconnected with being measured in that way. For me, I am focused on proving myself as a guitarist…

There's something off about the post that I'm not sure I can pin point, but it's there.

What are these oft referenced insecurities? It's hard to get a read on this without details, but dumping your girlfriend to do random selfish shit (climb mountain, go to Hawaii, etc.) - it's not a surprise he's unfulfilled (though working on doge would be exciting).

This trap of 'working on yourself' that leads to endless mindfulness and narcissism leads you to become aloof. People tend to derive purpose from community, friends, and family. This is what religion used to give people independent of the pseudoscience.

Being financially independent is great, but it doesn't bring fulfillment.

A long way to say spend time with friends, work on a relationship, get married, have kids. People can do what they want, but most people will likely be the most content doing this. If you can find something to work on you're also excited about great, can do that too.

You can only dick around traveling and 'finding yourself' for so long, it gets old and repetitive.

Re: I am rich and have no idea what to do

#454

Post by khazhoux »

nooneevencares wrote: post #299
cj wrote: post #73

I don’t think his problem is money. I think his problem is his identity (founder of Loom) suddenly disappeared. Now he needs to develop a new identity. This is especially difficult for single founders without kids (in the sense that people with spouse/kids already derive much of their identity from those 2 things). Selling a company isn’t all that different from going through a divorce (in the sense that your identit…

Probably needs to develop a soul first. NPCs don’t actually exist outside of video games, those are real human beings. Not sure what to do with all that wealth? Try asking one of those NPCs… spend a day with each one of them, learn what being human actually is

You are misinterpreting. He’s talking about how at big companies, you always have people who don’t seem to bring any actual value. They're in every meeting, but don't say anything, don't set any direction, don't produce any documents or any code, don't exhibit any sense of urgency or even involvement, and don't contribute in any noticeable way. "NPCs." They are completely passive as far as you can tell -- or worse, they actively slow others down when they happen to be on some critical approval path.

I'm sure they are lovely people outside work, and loving parents and good citizens. But when the rest of us are busting our butts to get work done, they're unfortunately useless.

Re: I am rich and have no idea what to do

#455

Post by davesque »

binarymax wrote: post #421

Not to judge or sound condescending, but it seems like you’re lacking empathy and a community. I know exactly what I’d do in your situation: help others. I live in a small city, and it has some problems and some opportunities. Even lacking funds I still do what I can to help the community around me. Spend some time with people who aren’t all in tech or on the beach and go find some reality. People like elon preaching…

Thank you for saying what I didn't have the patience to say. Although I sincerely worry that empathizing with people like this is a trap. I hate that I have to think this way, but nothing is worse than feeling like a sucker. I only hope I'm elevated above all of this in the afterlife.

Re: I am rich and have no idea what to do

#456

Post by Aeolun »

paxys wrote: post #433
binarymax wrote: post #421

Not to judge or sound condescending, but it seems like you’re lacking empathy and a community. I know exactly what I’d do in your situation: help others. I live in a small city, and it has some problems and some opportunities. Even lacking funds I still do what I can to help the community around me. Spend some time with people who aren’t all in tech or on the beach and go find some reality. People like elon preaching…

This guy perfectly represents Silicon Valley as a whole. I have no doubt that 70%+ of techies here would follow a similar path (call coworkers NPCs, break up with GF, live out Elon fantasy, pretend to do important/smart things but give up and move on to the next every few weeks) if given unlimited money.

If you have limited contact with coworkers outside of work, aren't they NPCs? For all intents and purposes they might be. You might still like them, but they don't really affect your life aside from giving you quests.

Re: I am rich and have no idea what to do

#458

Post by [deleted] »

AI_beffr wrote: post #431
movedx wrote: post #322

Just a thought I’d like to share: the finish line to “Fuck you money” (FUM) isn’t even remotely close to the $60m mark. It’s not even beyond $100,000. Once you have no debts nor a mortgage, and you have $100k in savings, you have FUM, because suddenly you need $25k a year to live well. I say this as a member of this community, who are (generally speaking) relatively well paid folk in IT. If you have a partner in life…

i think that would be more accurately labeled as financial independence rather than FU money. im not sure FU money really exists

[deleted]

Re: I am rich and have no idea what to do

#459

Post by sangnoir »

JansjoFromIkea wrote: post #312

Perhaps I missed something, but from what I saw none of his attempts to do something new seemed to involve any kind of genuine efforts to improve the lives of others... Bit amazing that wasn't even something he would consider.

You mean the lives of NPCs - as he'd call them? I doubt the thought even crossed his mind

Re: I am rich and have no idea what to do

#460

Post by Aeolun »

elevatedastalt wrote: post #370
j4coh wrote: post #3

Same situation, I truly empathise because it really does seem to take a lot of purpose out of everything. What I’ve found is that you need to replace money/salary/financial success optimisation (assuming you spent a lot of your life and energy to this point focused on these, much like I did) with something else totally unconnected with being measured in that way. For me, I am focused on proving myself as a guitarist…

> One big piece of advice I have is to try to avoid letting others in your social network know exactly how successful you’ve been. The time to do that was _before_ writing a blog post titled "I am rich" and submitting it to HN

Well, you can make new friends. I have no idea what actual name is behind vinay.sh :?
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